After decades of pumping money into the Cuban prison island, Russia’s efforts ceased due to its own failed economy in 1991. The Russian bear was left hanging with $35 billion in uncollectable debt. Now China’s President Xi Jinping wants to try his hand at fixing the irreparable. He now intends to not … Read more
July 22 started as a bleak and overcast day, somehow fitting for the funeral of Rear Admiral Jeremiah Denton, the great Catholic Vietnam War hero, who endured many a bleak and dreary day during seven years and seven months of torture at the hands of the Communist North Vietnamese. His life was … Read more
Dr. Samuel Gregg is director of research at the Acton Institute. He has written and spoken extensively on questions of political economy, economic history, ethics in finance, and natural law theory. He has authored several books including Becoming Europe: Economic Decline, Culture, and How America Can Avoid a European Future, and most … Read more
After the communist government in Beijing threatened to take away the freedom of Hong Kong, Joseph Cardinal Zen Ze-kiun, the city’s Bishop Emeritus, reacted the way Catholics would like to see their bishops react in the face of blatant anti-Christianity. Indeed, addressing the communist government on the radio, the cardinal said: “You … Read more
As I sat down to read Thomas Piketty’s bestselling book, Capital in the Twenty-First Century, I must admit I was not well disposed toward the book. Here is a voluminous 700-page tome written by a Frenchman that has garnered scathing reviews from the conservative press and glowing praise from liberal economists. What … Read more
In a book that caused a sensation, titled Journal d’un lâche [A Coward’s Diary], Tô Hai, a “founding father” of Vietnamese communism and famous composer in that country announced he had left the Communist Party, reported the site “Le Salon Beige”. On May 28, 2014 he described on his blog with a … Read more
Chili’s, the national Mexican restaurant chain, has announced that it will be installing 45,000 tablet-style ordering stations nationwide. This gives patrons the ability, so to speak, to order online while seated and not have to interact with waiters. Why the change, one might ask? According to Chili’s, patrons feel as though they … Read more
Live and let live does not seem to apply equally. Recently a Colorado Civil Rights Commission ruled that Christian business owner, Jack Phillips of Masterpiece Cake Shop, must bake cakes for homosexual “marriages” in spite of his conscientious objections based on his Christian convictions. This particular persecution started when two homosexuals, Dave … Read more
This June 6th marks the seventieth anniversary of the D-Day Normandy landings. While not the largest amphibious operation in history, it is perhaps the most significant. Europe was pinned beneath the boot of National Socialism, a godless, gnostic sect that swept God from public life. The Normandy invasion spelled the beginning of … Read more
The European Union has adopted fiscal rules that require those who are in the eurozone to limit deficit spending to no more than three percent of any member nation’s gross domestic product (GDP). Unfortunately, the present Italian budget does not comply with these goals. However, there is no problem that is too … Read more